Deutsche Bank recently advised clients to sell commodities, saying prices would collapse as the economic downturn kicks in. They forecast US$650 for the gold price.
My NPV for LGL at that price is $1.22. I have reduced my holdings and moved into nxs which is valued by Strachan at $3 with an upside to $6.
I am actually getting tired and exhuasted by the complexity of having to make serious decisions in a market determined to move down.
I am still long on LGL and hope to see it at $4 plus.
Deutsche Bank recently advised clients to sell commodities,...
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Last
$1.75 |
Change
0.000(0.00%) |
Mkt cap ! $213.6M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 607 | $1.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.76 | 372 | 2 |
View Market Depth
| Last trade - 16.14pm 20/06/2025 (20 minute delay) ? |
| LGL (ASX) Chart |
Day chart unavailable